基于对前文基础理论和实证结果的综合分析,这一部分探讨了人民币汇率不完全传递的原因和政策含义。
Based on the basic theory and empirical results, this part analyzes the reason and policy implication of incomplete exchange rate pass-through effect.
本文利用汇率不完全传递理论,对2005年到2008年初我国出口企业的商品价格变动进行研究,结果发现,我国出口商品的汇率传递弹性较小且行业差别不显著;
The paper studies the price changes of export goods in China from 2005 to the beginning of 2008 by using the theory of incomplete exchange rate pass-through.
结果表明:我国人民币汇率对国内农产品价格的影响表现为不完全传递,传递系数为0.61。
The results showed that the RMB exchange rate had an incomplete pass-through to domestic agricultural prices, and the pass-through coefficient was 0.61.
应用推荐